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Swiss gold industry in crosshairs after US tariff debacle
Although Switzerland has no gold mines itself, the gold shipped by its refineries to the US — worth about $61.5bn over the 12 months ending in June — weighed heavily on the country’s trade surplus with the US, leading some in the country to blame the sector for the failed trade talks.
The global gold market has been thrown into fresh turmoil after a US government agency indicated that bullion would not be exempt from tariffs.
The global gold market relies on a network of banks, refineries and couriers that can fly bullion between key trading hubs at ...
1don MSN
U.S. gold futures pared gains on Friday, retreating from record high levels, after reports that the White House plans to ...
A Trump administration ruling that gold bars will be subject to tariffs stunned traders who had assumed they would be ...
The United States has imposed tariffs on Swiss gold imports, a move that could significantly disrupt the global bullion market. US Tariffs Hit Swiss Gold Bar Exports Worth $61.5 Billion The Customs ...
The Swiss Precious Metals Association (ASFCMP) said on Friday the imposition of U.S. trade tariffs Washington is considering ...
Looking for a textbook example of the uncertainty Trump has created with his global trade war – abetted by wars in Ukraine ...
The gold market was plunged into turmoil on Friday after Donald Trump unveiled a dovish new Federal Reserve governor and slew ...
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